Change could be coming to how the Federal Reserve. On Wednesday, Fed Chair Janet Yellen will also hold a press conference discussing the Fed's latest monetary policy decision, and a huge change in the Fed's forward guidance — or how the Fed describes the future path of monetary policy — could be coming. Back in late August, we noted that Lew Alexander at Nomura wrote that the Fed is likely to drop the phrase "considerable time" when discussing how long after the conclusion of asset purchases the Fed will look to raise interest rates. The Fed has signaled that it is on pace to end QE in October, thus starting ... (full story)